Business Wire Company Description
Some company news is none of your business and some is everyone's business -- that's where Business Wire comes in. The firm electronically distributes company press releases and other company information to news media, online services, and databases worldwide. Business Wire disseminates full-text news releases daily in more than 200 industry segments. The company operates offices across the globe via some 30 news bureaus, and its news distribution network spans some 150 countries. Chairman Lorry Lokey founded Business Wire in 1961. It is a subsidiary of Warren Buffett's Berkshire Hathaway.
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The Company Description provides a historical perspective of Business Wire's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Business Wire's evolution in the marketplace.
